AGP Executive Report
Last update: 3 hours agoEnergy Finance: CEFC commits A$100m to a new Distribution Connected Accelerator Program with Infradebt to push up to 16 hybrid solar-plus-battery projects (often ~5MW) toward construction in 2027, targeting the “missing middle” where distribution capacity exists but financing is stuck. Banking & Regulation: ASIC rolls out a free toolkit and small-business director education push after a survey found nearly one in three directors had little or no understanding of what happens when they breach duties, with cost and time also flagged as barriers. Housing & Tax: Treasurer Jim Chalmers moves to scrap the “widow tax” by grandfathering negative gearing for investment properties transferred between spouses after inheritance or relationship breakdown, while clarifying what counts as a “new” dwelling. Markets & Mortgages: HSBC’s Australian retail exit continues to reshape the sector, with the bank selling large mortgage portfolios to Blackstone as the deal reshuffles funding and customer banking models. Fintech & Payments: Stables teams with Access Bank South Africa to explore cross-border payment and settlement solutions using its stablecoin infrastructure, with any products subject to regulatory approval. Corporate News: Jetstar cuts economy carry-ons to one free overhead item and charges for guaranteed bin space, while increasing cabin bag weight limits.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.